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International oil prices turned lower after hitting a seven-week high, with WTI June crude oil futures closing down 1.
57% at $112.
4 a barrel
.
Brent July crude futures settled down 2.
02% at $111.
93 a barrel
.
This is the first time since May 2020 that WTI crude oil futures have settled at a higher price than Brent oil
.
Gold futures denominated in US dollars rebounded for the second day in a row as the dollar fell, with COMEX gold futures for June closing up 0.
27% at $1818.
9 an ounce
.